Daniel Loeb Quotes on Value (2 Quotes)

Notwithstanding the sorry state of the company, the apparent lack of financial controls, the consistently disappointing results and the abysmal investor relations, we estimate that the value of Ligand's assets far outstrip the current enterprise value,

We demand that NABI immediately retain an investment bank other than Lehman, or in conjunction with Lehman, to explore strategies to maximize shareholder value.